Research on Impacts of Bribery on Different Business Sectors

The prevalence of corruption such as bribery today has disrupted the normal economic order, caused waste of resources, loss of tax revenue, and serious problems such as government corruption and inefficiency. This dissertation will study the effects or impacts of bribery on various business sectors in the economy. It compares the construction sector, manufacturing sector and the service sector. Different factors play a greater role in different sectors where political influence plays the major role. This research put into use quantitative methods research method, secondary and qualitative methods which gave the researcher a clear understanding and background of the study. These methods made sure that the researchers were well equipped when doing the research. It is clear from the research findings that the sector of construction benefits more from the action of bribery because it has some benefits that come along with it. The sector of manufacturing is undermined however by bribery because most officials of the state are linked to it. It can be concluded that the research study came up with findings that the action of taking and giving bribes undermines the general performances of various sectors in a country’s economy. The research also, concluded that the level of investments is greatly affected by the level of bribe in the economy hence the economy is derailed by the bribery levels of the economy.